Drive reindustrialisation from No 10 North or risk failure, MPs tell Burnham

Source: The Guardian ·

Drive reindustrialisation from No 10 North or risk failure, MPs tell Burnham

Ninety-plus Labour MPs warn civil service lacks skills to drive growth where it is needed and plan should be steered by Louis Haigh from ManchesterBusiness live – latest updatesAndy Burnham’s pledge to reindustrialise Britain is doomed to fail unless it is driven decisively from his new No 10 North outpost in Manchester, a group of more than 90 backbench Labour MPs is warning.The PM has…

From the source

Andy Burnham’s pledge to reindustrialise Britain is doomed to fail unless it is driven decisively from his new No 10 North outpost in Manchester, a group of more than 90 backbench Labour MPs is warning. The PM has suggested that rebuilding the UK’s industrial capacity will be central to meeting his pledge to bring “good growth in every postcode”. John Healey, who will deliver his first budget on Wednesday, used his speech at Labour’s conference last month to promise a “new age of industrialisation”. However, in a new briefing paper, seen by the Guardian, the backbench group warns that decades of deindustrialisation and deregulation mean the government no longer has the detailed understanding of industry needed to make such a plan work. “The state has lost capacity and has acquired a worrying set of behaviours which will inhibit reindustrialisation. The state has become less knowledgable about the state of the economy and our businesses, unable to comprehensively plan and slow to make…

BestAIBroker analysis

Read the original source